Business / Agriculture / Agricultural Diversification: A system of farming that encourages production of a variety of plants and animals and their products as opposed to monoculture or large-scale specialization. Advocates of diversification argue that it provides greater income stability. Specialized farms benefit from economies of size.
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Business / Agriculture / Food And Agricultural Act Of 1965: P.L. 89-321 (November 3, 1965) was the first multi-year farm legislation, providing for 4-year commodity programs for wheat, feed grains, and upland cotton. It was extended for 1 more year, through 19 MORE
Business / Finance / Federal Agricultural Mortgage Corporation (Farmer Mac): Securities issued by corporations and agencies created by the U.S. government, such as the Federal Home Loan Bank Board and Ginnie Mae. MORE
Business / Agriculture / Foreign Agricultural Service (FAS): The USDA agency that administers agricultural export and food aid programs. FAS is also responsible for formulating agricultural trade policy, negotiating to reduce foreign agricultural trade barriers MORE
Business / Agriculture / Intermediate Agricultural Products: Generally refers to agricultural products that have a higher per-unit value than bulk commodities: they are often partly processed but not necessarily ready for the consumers. Examples might include s MORE
Business / Finance / International Diversification: The attempt to reduce risk by investing in more than one nation. By diversifying across nations whose economic cycles are not perfectly correlated, investors can typically reduce the variability of th MORE
Business / Agriculture / Federal Agricultural Mortgage Corporation: An organization more commonly referred to as Farmer Mac, which is a secondary (resale) market for agricultural mortgages. Farmer Mac was authorized by the Agricultural Credit Act of 1987. MORE